Yes but quite rare historically for the market to bottom on a Friday but let's watch Monday closely for positioning. Will update levels this weekend with bears holding control. Important week upcoming with onus squarely on the bulls. Caution here until evidence changes.

QMCO the ole Christmas Tree Pattern - all this damn garbage needs to be purged (many body bags needed)

Nice spotting early on today shellson

Now +10 pts from my mention - lock down gains

Quick 5 pts - some funds following my posts   

MDGL coiled (higher priced stock)  January 15th conference

PLTR - Chart Link

Notice on PLTR - losing 20 day MA and big drop after it flattened - employ in your trading (no reason to give  back 10 more dollars)

That pos divergence held and you can see the reaction following 

QQQ zones

Nice along with the VIX smashdown

Also have some positive divergence on my 60 minute NQ/QQQ but want to see it stick on the hourly close (22 minutes)

Another nice bounce trade off cited zone - 5865 is target area achieved next above would be 5875/83 and 5896/5904

Keeping it simple.  The QQQ and SPX have lost their respective 50 day MAs (for swing traders this now is supply)

Corn report came out earlier today

https://www.investing.com/news/commodities-news/columnwill-usda-data-dump-spoil-the-bullish-party-for-corn-braun-3805653

If trading this stuff you BETTER be aware of such releases - while most were sleeping the pros were reading 

Natgas futures resistance 4.03 then 4.27/30

Bank of America says it no longer expects the Federal Reserve to cut interest rates this year.   

 Thinking peak economic optimism abounds personally - high rates and dollar will take their toll in due time

IWM nearing 200 day MA - was above throughout 2024 

Never a good sign - playing out as per norm

SPX gap fill would be 5783 (just noting)